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Public snapshot

PAI Income Quality Score

Western Asset Investment Grade Income Fund Inc. (PAI) has an Income Quality Score of 51/100, classified as a Question Mark with high confidence, based on a 10-year income and total-return history.

Western Asset Investment Grade Income Fund Inc. (PAI) is a closed-end fund and is part of the IQ Score universe.

July 2026 snapshotAs of July 31, 2026Lookback: 10-year
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Long-term focused10-year income and total-return analysis
Data-drivenObjective scoring across 4 quality, distribution and risk signals
Clear classificationFriends to own. Foes to avoid.
IQ Score
51/100
Question MarkHigh confidence
Asset Type
CEF
Exchange
NYSE
Trailing Yield (TTM)
Not published
No normalized trailing yield is published for closed-end funds in this snapshot.
Rank in CEF Universe
176 of 358
Lookback
10-year
Data as of
July 31, 2026
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About this snapshot
This is the public July 2026 snapshot. Public snapshots are delayed and frozen: once released, a month's scores do not change, and current data is reserved for members. The July 2026 snapshot is published as the public launch snapshot.
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PAIWestern Asset Investment Grade Income Fund Inc.
51Question MarkHigh confidence
Snapshot
2026-07
Data as of
2026-07-31
Lookback
10-year
Asset type
Closed-End Fund

IQ Score History

6535FRIENDQUESTION MARKFOE050100Methodology updatedMethodology updated on 2026-07-31 (iq-4class-v1 → iq-4class-v3-direct-dist)2026-072026-072026-072026-07-17 · 52.3 · Question Mark · Published Snapshot History · iq-4class-v12026-07-20 · 52.2 · Question Mark · Published Snapshot History · iq-4class-v12026-07-21 · 52.6 · Question Mark · Published Snapshot History · iq-4class-v12026-07-22 · 52.6 · Question Mark · Published Snapshot History · iq-4class-v12026-07-23 · 52.3 · Question Mark · Published Snapshot History · iq-4class-v12026-07-24 · 52.4 · Question Mark · Published Snapshot History · iq-4class-v12026-07-27 · 51.3 · Question Mark · Published Snapshot History · iq-4class-v12026-07-28 · 50.8 · Question Mark · Published Snapshot History · iq-4class-v12026-07-29 · 50.6 · Question Mark · Published Snapshot History · iq-4class-v12026-07-30 · 50.6 · Question Mark · Published Snapshot History · iq-4class-v12026-07-31 · 51.3 · Question Mark · Published Snapshot History · iq-4class-v3-direct-dist6535FRIENDQUESTION MARKFOE050100Methodology updated on 2026-07-31 (iq-4class-v1 → iq-4class-v3-direct-dist)2026-072026-07

Reconstructed monthly scores are computed from current data and methodology. Published snapshots are the frozen monthly releases, marked on the line. Where the methodology changed, the line is broken rather than joined across the change.

Signals & Drivers

IQ signal scores

Each signal is normalised to 0–100 and combined by weight into the overall IQ Score.

Economic Payout Coverage
40/100
Working Capital Preservation
59/100
Distribution Cut Score
70/100
Distribution Trend
51/100

What to watch

  • 1–2 years with a material annual distribution decline

Distribution Safety

8Years raised
1Years cut
39Years of data
RisingCurrent trend

High confidence (10-year history)

  1. 19881.5Held
  2. 19891.54Raised
  3. 19901.46Lower total
  4. 19911.48Raised
  5. 19921.4Lower total
  6. 19931.8Raised
  7. 19941.2Lower total
  8. 19951.2Held
  9. 19961.2Held
  10. 19971.2Held
  11. 19981.2Held
  12. 19991.06Lower total
  13. 20001.08Raised
  14. 20011.06Lower total
  15. 20021.0Lower total
  16. 20030.9787Lower total
  17. 20041.4526Raised
  18. 20051.0712Lower total
  19. 20060.8669Lower total
  20. 20071.1172Raised
  21. 20080.9826Lower total
  22. 20090.94Lower total
  23. 20100.79Lower total
  24. 20110.745Lower total
  25. 20120.7175Lower total
  26. 20130.69Lower total
  27. 20140.69Held
  28. 20150.69Held
  29. 20160.69Held
  30. 20170.69Held
  31. 20180.69Held
  32. 20190.6875Held
  33. 20200.607Cut
  34. 20210.558Lower total
  35. 20220.558Held
  36. 20230.562Held
  37. 20240.6045Raised
  38. 20250.6805Raised
  39. 20260.315Partial year

Distributions per year, from the frozen distribution-stability signal. “Lower total” means the calendar-year sum was smaller than the prior year (often a special-distribution rolloff or timing shift), but did not decline more than the engine's 10% material-decline threshold — see Years Cut above for years that did.

The IQ Score is a research classification of historical income quality. It is not investment advice, not a recommendation and not a prediction of future returns.

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IQ Score is a long-duration quality and distribution-safety classification for income assets. It is research based on historical data, not personal investment advice, and it does not tell you what to buy or sell. Figures reflect a delayed public snapshot and may differ from current data.